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today. >> chris: president obama and speaker boehner sounding upbeat about prospects to cut a deal to avoid the fiscal cliff. after the panel and congressional leaders met at the white house, rhetoric was reassuring. the question is: is it real? do you get a sense, bob, this is the subject of your new book, that they do see or beginning to see a path to compromise or are they trying to reassure the nervous consumers before the christmas holidays? nervous investors because the stock market has gone down 1,000 points. >> symp nervous about this. the next six weeks could be the six weeks that shook the united states if they don't fix this. there is clearly a new move. the way they will this is hostage exchange. otherwise, republicans are determined not to let the tax rate goes up. the president is determined or is determined to get more revenue. and it's possible to do this. and the president is going along with some idea of entitlement reform that we are going to actually cut spending. this is really -- they are going to have to -- they are lagerhead on the tax issue. i'm not sure ho
they already agreed to that. i think you heard john boehner say that already. we've had votes in the senate where we've actually gotten rid of tax credits. i think that's a given. and i think the vast majority of americans agree with that. the question is how do you do that and how do you allow taxes to rise at the same time you fix the real problem? and the real problem is uncontrolled entitlement spending and a government that has grown massively. not just under this administration, under republican administration. >> let me turn to senator schumer on this point. >> so you have to approach both sides of it. >> let me turn to senator schumer. i'm going to ask you the same question. if the mandate is compromised, what do democrats have to be prepared to accept as a painful outcome in order to achieve compromise? >> well, i agree with you, the mandate is compromise. that's why we have a divided house and senate. and i think if the house stands for anything it's cut government spending, as tom coburn said, and i think we're going to have to do more of it. we heard the mandate in 2010, where i
boehner, who have already openly said, no increases in tax rates? >> well, you have to splinter off some republicans, in the senate it will be easier because you just have to get to 60. you might pass the december 31st deadline where you have a few more democrats in the senate. but the problem is always going to be the house. i think there may be a bargain in the -- in the side of coming to republicans and saying, here are cuts. but the price of those cuts will be that 2%. republicans will face a very tough choice in just a very short time. are they the ones that are going to be responsible for giving 98% of americans tax hikes? do the republicans want to be known as the party that raised your taxes for everybody but 2%? >> right. and i think, martin -- >> so, the 2% solution may be a noose around the republicans' neck. >> i think the republicans have little leverage. not just for that reason but a couple of other reasons. if you consider the fact that taxes are at 15% of gdp, spending is at 24%, even the paul ryan budget proposes we only reduce spending to 20% of gdp. that means five pe
an optimistic note about the way forward, as did speaker boehner after the meeting. >> my hope is that this is going to be the beginning of a fruitful process where we're able to come to an agreement that will reduce our deficit in a balanced way. >> to show our seriousness, we have put revenue on the table as long as it's accompanied by significant spending cuts. >> nbc's mike viqueira joins us live from the white house. mike, are there any signs, i have to put this to you, that the president may be able to persuade republicans at least to maintain the bush tax cuts on those making less than $250,000 a year? is there any sign that he's going to be able to persuade them on that? >> reporter: well, i think that he would be able to persuade them to extend those tax cuts, but he may not be able to persuade them to decouple them from those making more than $250,000 a year, martin. i don't mean to be flip, but that does remain at the end of the day here after the big root velt room photo-op the main sticking point. it's clear democrats feel they have the upper hand as do democrats h
cliff that is right in front of us today. >> chris: president obama and speaker boehner sounding up beat friday about prospects for cutting a deal to avoid the fiscal cliff and we're back now with the panel. so, after the president and congressional leaders met at the white house, on friday, the rhetoric was reassuring, the question is, is it real? do you get any sense, bob and this is the subject of your new book, that they really do see, are beginning to see a path to a compromise or are they trying to reassure nervous consumers before the christmas holidays and, investors because the stock market is done a thousand points. >> everyone is nervous about this. this is the last chance and the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood but the way they'll solve this, is kind of hostage exchange, in other words, the republicans are determined not to let tax rates go up and the president is determined or is determined to get more revenue and, it is possible to do this and the president is going along, it seems, with it s
john boehner before him sounding somewhat positive on working out a plan to divert the fiscal cliff. they met in person at the white house on friday, along with house minority leader nancy pelosi and senate majority leader harry reid and minority leader senator mitch mcconnell. jeff, it seems like the media are poised to blame republicans if the deal falls apart. >> if you look at the polling, over half the country believes it's the g.o.p.'s fault if this deal falls apart. why that? the democrats and the president himself have done an effective job of essentially trashing republicans saying that this whole, the reason that there's a, you know, there isn't a deal in the first place, because it's their fault and that's not true. it's both parties that did this and the president particularly not showing leadership and kicking the can down the road and creating a super committee. the media is not covering this correctly at all. reporting that the president want a deficit package. 1 trillion from tending the war and that's going to happen and another trillion from spending cuts in the pa
that is on the table for democrats and republicans and that is the president and speaker of the house, john boehner and how they are going about this discussion as far as the bush tax cuts and america's sort of fiscal future. now, mark, i'm curious to hear your thoughts on this. first play sound from president obama and john boehner yesterday talking about doing the delicate dance of revenue raraisers. >> i'm not going to extend tax cuts for the wealthiest 2%. how you make up the trillion dollars just by closing loopholes and deductions, the math tends not work. >> i've outlined a framework how both parties can work together to avert the fiscal cliff without raising tax rates. ways to put revenue on the table without increasing tax rates. >> mark a baby version of the themes we've talked about before, which is to say you have a hard line part of the republican party then the deal making part of the republican party and the democrats. how do you think this turns out? can john boehner, do you think john boehner can corral or quiet the more radical elements of the republican party to come to the table
boehner has balked at that idea. it would take away his party's leverage in fiscal cliff issues. >> there's a lot of issues on the table that need to be resolved. i laid out a reasonable framework where both parties can work together and i'm looking forward to meet at the white house on friday and begin that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead of raising their tax rates. >> we're not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't do enough to cut the deficit. they will have that argument face to face with boehner on friday. >> one of the most frequent criticisms we've heard over the past few years from members on both sides is that you haven't done enough to reach out and build relationships. are there concrete ways that you plan to approach your relationships with congress in the second term? >> look, i think there's no doubt i can always do better and i
directly at odds with house speaker john boehner. >> could you accept a deal that does not include tax rate increases for the wealthy? we've seen talk about a possible compromise that could leave rates the same but cap deductions for high-income earners. is that something that's acceptable? >> no. >> not at all no, way? >> no. the preponderance made it very clear in his campaign that there are not enough -- what you just described is a formula and a blueprint for hampering our future. you cannot go forward -- you have to cut some investments. if you cut too many you are hampering growth, you're hampering education, investments for the future. >> and even thousands of miles away it appears president obama is still focused on those negotiations. while touring a royal monastery with secretary of state clinton in thailand the president was overheard mentioning the budget talks to a monk. the president later clarified his comments -- >> he's not any monk. >> no. >> he has some big i vestments in the stock market. >> he later clarified his comments at a news conference. >> yes, we were working on
he does certainly from the far right of his party. you saw boehner say that the party wants to be led. they want to be led as americans, not republicans. again, i think you have somebody like bill crystal who comes out and says republicans need to be more flexible in terms of talking about tax reform. i think norquist in that clip showed a real misreading of what the election was really about. i prish his use of the word -- >> an odd choice of words. >> poopy head. >> they got a thumping here. this is the first president since ronald reagan to win the popular vote in two consecutive elections. they're trying to deny his legitimacy still. >> not all. >> grover norquist is. >> and speaker boehner has said they're ready to be led. >> thank god for one reasonable person. >> he says he's the most reasonable. >> we'll see what happens in january, though. he has that radical right wing tea party caucus to deal with in the house. i want to see them come to grips with reality. >> great pleasure having you both on. as people continue to suffer in the wake of hurricane sandy, thousands are homel
boehner. cut it loose so they can go christmas shopping, senator mcconnell. the it's what the people voted. that's why they voted for me. that's the president talking. joined by chuck todd. thanks for joining us tonight. this was a hot pressure cooker press conference and you were in the middle. let's talk about the president's tactic. it looks like he's got one. here he is sticking out his message of defending the middle class today, sticking to it. he practically dared the republicans to hold tax cuts for the middle class hostage. he went back to that word hostage. let's take a look. >> the other option is to pass a law right now that would prevent any tax hike whatsoever on the first $250,000 of everybody's income. i hope republicans in the house come on board, too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. the most important step we can take right now, i think the foundation for a deal that helps the economy, creates jobs, gives consumersty, which means gives consumers confidence they'll have consumers during the holiday season if we right aw
that in place we are removing half of the fiscal cliff. >> speaker john boehner offered what he considers a balanced approach generating the revenue from tax reform and entitlement reform. late today, boehner said the president's position is flawed. >> we are not going to hurt our economy an make job creation more difficult. which is exactly what that plan would do. >> letter sent by the u.s. chamber of commerce and signed by 232 organizations calls on the president and congress to immediately extend all the tax cuts and find other cuts to replace sequestration. the president suggested taking a closer look at reforming entitlements without offing details and says he would like to simplify the tax code. mr. obama says he wants congress to act now to extend tax cut for middle class and try to avoid boxing himself in on upcoming negotiation. >> i'm open to come plo mize and new ideas. i have been encouraged for republicans to agree to more revenue as part of the arithmetic if we are serious to reduce deficit. >> the top republican in senate who is a key player in upcoming talks says raising
a single question, what are you willing to give. you know, when john boehner appears, they say are you willing to accept higher rates. no one says what are you going to do about entitlements or anything, there's no question of the president whether he will compromise and what that would look like. >> paul: steve, what do you think the republicans ought to do here? is there a way out for them or are they going to be pushed back into a corner where they have no choice, but to concede that they have to raise tax rates or else go over the cliff and get blamed for that? >> well, it's a tough situation for them. there's no question about it because as you know, the default position, if we don't do anything is for the taxes to go up on everybody on january 1st, and that's something i think both sides want to avoid. it's very interesting, the thing that happened this week to start the week, was who was the first person that barack obama met with in the white house since his election, the labor unions, the labor block, that tells a lot who is driving policy at least at the start of the second t
-like reaction, not a cliff-like reaction, and the leaders of wall street will help john boehner to make a better deal rather than pressuring him to make a deal that's bad for the economy and the fear that we don't get a deal will lead to getting a deal because the pressure correctly applied. >> the issue here is will we go over the cliff? i stopped saying cliff. sorry. okay, okay. but i think the question is do we get to the grassy gradual slope or not and then level roonlg. this is the first time since 2010 that's obama's had the leverage with republicans and saying there, you mentioned that poll yesterday adding to the leverage because, voters, you think to go over this so-called cliff and referring to the nervousness. who will you blame? >> republicans. >> republicans. that's more leverage of obama on that question and look at. yeah, he didn't draw that red line as krystal said at the beginning but as close to be an absolutist for incomes over $250,000 as he can be. this is an issue that he ran on. this bothers him ruled by republicans two years ago and taxes are not where they should be hist
in front of us today. >> president obama and speaker boehner sounding upbeat friday about prospects for cutting a deal to avoid the fiscal cliff. we are back with the panel. after the congressional leaders and the president met at the white house on friday the rhetoric was reassuring. the question is is it real? do you get the sense, bob, that really do see or are beginning to see a path to a compromise are they they just trying to calm nervous investors because the stock market is going down a thousand points? >> everyone is nervous about this. this is kind of the last chance. the next six weeks could be six weeks that shook the united states if they don't fix this. there clearly is a new mood, but the way they are going to solve this is kind of hostage exchange. in other words, the republicans are determined not to let tax rates go up. the president is determined or is determined to get more revenue. and it's possible to do this. the president is going along, it seems, with some idea of entitlement reform that we are going to actually cut spending. but this is, you know, they are
now. >> reporter: but republican house speaker john boehner has balked at that idea. it would take away most of his party's leverage in fiscal cliff negotiations. >> there are a lot of issues on the table that have to be resolved by the end of the year, and i think i've laid out a reasonable framework where both parties can work together, and i'm looking forward to going down to the white house on friday and beginning that conversation. >> reporter: boehner and other top republicans have proposed eliminating deductions and loopholes that benefit the wealthy instead raising their tax rates. >> we are not going to hurt our economy and make job creation more difficult which is exactly what that plan would do. >> reporter: today the president argued closing loopholes alone won't be enough to cut the deficit. he'll have that argument face to face with wayne or friday. one of the most frequent criticisms we've heard over the past few years from members on both sides if you haven't done enough to reach out and build relationships. are there concrete ways you plan to approach your relation
of certain deductions and tax loopholes that benefit the wealthy. speaker of the house john boehner emphasized that hiking taxes on these wealthy americans will hurt the very people who create the jobs. >> we are not going to hurt our economy and make job creation more difficult, which is exactly what that plan would do. >> barack obama has made his clearest demand since winning reelection. taxes on the wealthiest of american citizens must go up. he says the country could suffer a, quote unquote, rude shock if there is too much stubbornness in congress over his agenda and nothing gets done. >> step number one that we can take in the next couple of weeks, provide certainty to middle-class families, 98% of families who make less than $250,000 a year, 97% of small businesses, that their taxes will not go up a single next year. give them that certainty right now. we can get that done. >> question, who will blink first? how will this be resolved? paul. >> both sides have an incentive, even though they're saying the opposite to wait until after the first of the year. after the first of th
to avoid tax hikes and spending cuts. john boehner is asking to outline a plan and get fellow republicans on board. ryan will likely be under the most pressure to back away from his conservative politics. his run for vp no doubt brought him some new-found respect and political clout amongst his colleagues. they say they will confident they will be able to reach some sort of a deal by the engineer of the deal, they need to be at an impasse when it comes to taxes. they said any deal to reduce the deficit should come through pro-gross reforms. that means things like lowers rates, and closing loopholes. >> just to close loopholes is far too little money, and they have said they weren't it to be revenue neutral. the president has been very clear, that the higher-income people have to pay their fair share. >> that means no deal from the democrats if republicans will not agree to raise taxes on the wealthy, but pelosi says she is optimistic. more john coming up after the break. stay with us. ♪ created ad message for little caesars who proudly salutes unites
heard. i think a lot of conservative policies wonks hope this is the sort of thing that speaker boehner will glom on to, and that obama will say look, it's not my preferred way to get 1 trillion from wealthy americans but it does get me there. it doesn't have a huge impact on the middle class and can avoid a big fight and gives up on the rate increases. i don't think obama is going to give up on the rate increases that easily because they have been so central to his--both of his political campaigns as president even though you know at the end of the day he would end up at the same revenue baseline that he's looking for. it would appear to his base he's supporters like a pretty big cave. >> eliot: i think you're right. after the strength of his commentary and since the election where increasing rates has become the mantra, the line in the sand that people expect him to toe and stay very strict on. anything that backs off from that would require extensive preparation and conversation with his base. i'm not sure he's preparing the base for that right now. added to what we're talking about
passed already, with those rates and john boehner responded. >> the senate has already passed a law like this. democrats in the house are ready to pass a law like this and i hope republicans in the house come on board, too. we should not hold the middle class hostage while we debate tax cuts for the wealthy. >> i think in stead of the house moving on the senate bill, the senate ought to move on the house bill. >> so the debate has been engaged. it's going to be an interesting conversation on friday to get it started. >> that's right. he'll have the senate leaders and house leaders over to talk about this. one of the things that was so clear from that press conference was that the president is saying let's move this forward, let's move this forward now. he is certainly realizing that when you look at the four years that he has ahead of him, really it about the next 18 months to two years. that's when he has a mandate that, when he has political capital to spend. quickly he also wants to forestall some of these tax hikes that could come as early as january. john boehner initially said, lis
. they weren't fighting for the top jobs. that's going to stay john boehner. they're actually fighting for the number four job in the house. the contest was tom price against one of the precious few republican women in the house, cathy mcmorris rodgers. and there were some interesting politics at work here. miss mcmorris rodgers had the support of speaker john boehner, but tom price had the support of this guy, the republican party's vice presidential nominee, paul ryan. in the end, it was cathy mcmorris rodgers who won. paul ryan's guy lost. and so even as they lose the presidency, thanks to a devastating gender gap in the polls, and at the same time they send even fewer republican women to congress than were there before, republicans did today pick for this small, low-profile national republican number four leadership role an actual woman. and that's the best they've ever done. that's the highest ranking gop woman there has ever been in the house. back over on the senate side, republicans are faced with a dilemma set up for them by john mccain, as i was just discussing with bill burt
scoring. or closing loopholes that have not been identified. >> on this day, house speaker john boehner claimed that gallup survey showed most people support lowering the deficit ending the tax loopholes and making needed spending cuts. but that is not specific enough for white house. boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are in republican hands. >> liberal democrats demand 1 to 1 ratio of higher tax re-knew to spending cuts, some conservatives are demanding the only increase revenue come from the expanded economic growth. there is little prospect of that enough to avoid the cliff. meanwhile, senator coburn is calling for democrats cut and democrats to find savings in medicare and medicaid. the oklahoma republican admits it's nor
Search Results 0 to 49 of about 117 (some duplicates have been removed)